Nam Tai Electronics, Inc. updated information on new projects

British Virgin Islands-registered company Nam Tai Electronics, Inc. announced the latest business development in two of its most significant new projects in the area of high-resolution LCD modules for tablets and smart-phones.

The sample of the tablet high-resolution LCM project based in Wuxi facility has been approved by the customer, after further improvement of key components’ quality. Nam Tai announced that the order book from the customer has been confirmed and its Wuxi facility has commenced mass production.

For the smart-phone high-resolution LCM project based in its Shenzhen facility, Nam Tai’s customer has continuously upgraded the product specifications, which resulted in further delay on the approval of final specifications. As a result, the BVI company continues to negotiate its quotation with the customer based on the upgraded specifications.

The specifications for the current sample model is currently expected to be finalized before the end of August 2012. If the result of the pilot-run meets the customer’s requirements, mass production is expected to commence in November 2012.

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